Society Of Risk Management Consultants Inc
- Assets
- $131.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 36-3388306
Organization Overview
Society Of Risk Management Consultants Inc is located in Madison, WI. The organization was established in 1987. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Risk Management Consultants Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Society Of Risk Management Consultants Inc generated $27.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $7.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ADVANCE THE PROFESSIONS TO BENEFIT THE MEMBER CONSULTANTS, THEIR CLIENTS AND THE PUBLIC THROUGH RESEARCH, EDUCATION, EXCHANGE OF INFORMATION THROUGH CONFERENCES, NETWORKING, AND THE PROMOTION OF PROFESSIONAL AND ETHICAL GUIDELINES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaclyn Davies Director | 0 | $0 | |
Ben Few IV Director | 0 | $0 | |
Roy M Ivins President | 0 | $0 | |
L Michelle Bradley Director | 0 | $0 | |
George Erickson Director | 0 | $0 | |
Jay Gander Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,181 |
| Membership dues | $19,540 |
| Investment income | $1,596 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,317 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,349 |
| Total expenses | $7,099 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,897 |
| Other assets | $0 |
| Total assets | $131,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,897 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harbor Group Insurance Trust Sioux Center, IA | $1,977,481 | $10,385,047 |
Marcus Corporation Employee Benefits Trust Milwaukee, WI | $0 | $8,029,877 |
Wisconsin Bankers Association Insurance Trust Fund Sun Prairie, WI | $545,730 | $8,671,517 |
Ccs Employee Benfits Group Inc Evanston, IL | $1,435,594 | $7,548,619 |
Rubicon Insurance Company Evanston, IL | $37,465,176 | $3,987,291 |
Burke Group Welfare Plan Trust Rosemont, IL | $1,472,219 | $7,136,171 |
Mada Insurance Inc St Paul, MN | $605,621 | $6,610,521 |
Michigan Property And Casualty Guaranty Association Novi, MI | $169,923,303 | $16,019,730 |
Kellogg Company Twenty-Five Year Employees Fund Inc Battle Creek, MI | $52,430,078 | $6,896,103 |
Mcii Benefit Plans Trust Des Plaines, IL | $0 | $6,361,748 |
Michigan Glass & Glazing Industry Welfare Insurance Fund Troy, MI | $9,322,867 | $5,414,184 |
Sheet Metal Local 219 Benefit Fund Rockford, IL | $9,732,113 | $6,977,671 |